Just when you thought #defi couldn't get any cooler, you come across projects like @Archer_DAO

Archer claims to increase revenue for Ethereum miners with a SINGLE line of code.

Nothing else changes. How? (THREAD)

The Need For ETH Revenue

Miners got bills to pay, and can’t rely on a smooth block reward schedule as they can with Bitcoin. Archer helps miners, the “guardians” of the network, have a little bit more consistent revenue.

But How?

Archer explains as “ Opportunities take form of dex arbitrage, lending liquidations and other zero-risk or risk-minimized ways to add value to mined blocks.”

But how do they know which transactions to replace?

This is the job of suppliers, who apply to become accepted into the network. Once accepted, they use on-chain analysis to find these transactions.

Suppliers share revenue with miners in this situation, so they are incentivized to find the highest revenue opportunities.

For more information read their introductory post here:
https://medium.com/archer-dao/introducing-archer-66f20d2cc425

We do not own any positions nor were sponsored, we just think this is a cool project not many have heard of!